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Why should real estate professionals work with short sales?
First and foremost, real estate professionals should put working with short sales in their repertoire because it allows them to really help people out of an emotionally stressed situation. They are providing a much-needed service, while at the same time, helping their own economy and the economy at large. Revenue and business is generated. The real estate professional works, the mortgage lender, the title rep, the processing agent, the admins, home improvement and inspection professionals, etc. Truly, though, there is nothing quite like helping a client who feels overwhelmed and distraught find their way out of a bad position. After all, isn't helping people what we are all here to do?
We will create a Hardship Package- All lenders require proof of financial hardship before any negotiating will be considered. How well this is prepared will dictate the willingness of the lender to negotiate. Many times a lender will work with a professional experienced company before working with an individual.
We will Negotiate the Short Sale Offer- This is a very time consuming procedure that demands the highest level of expert negotiations to be successful. We have completed hundreds of these transactions.
1) We work with you and your client in putting together the documentation required
by the lender and submit the complete package to the lender.
2) We negotiate the short sale terms with the mortgage company.
3) We work with you on setting an aggressive yet realistic listing price to obtain multiple offers
4) All parties are kept informed by virtual notes which may be accessed anytime.
5) We will coordinate with your escrow agent to close the transaction.
Inquire at help@yesterdaysforeclosure.com regarding these services.
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